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>> no fiscal cliff deal by christmas means we're all getting a lump of coal in our
>> no fiscal cliff deal by christmas means we're all getting a lump of coal in our
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Dec 22, 2012
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and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. >> continuing now with top story this evening. today corporal john hammarar found out he is going to be spending christmas with his family rather of course alone in a mexican prison. hammar's family is from florida. several members of the florida congressional delegates including senators bill nelson and marco rubio helped lead the fight to free the marine. but perhaps the most vocal of all of them was congresswoman ill anna ross layton who joins us now from miami with the inside story of how this all went down. congresswoman roth layton, it's so good to see you. >> thank you, laura. >> laura: beaten up in congress. approval rating is down. but now we see congress actually gets rules with the help of the factor of course and all of fox news. go ahead. tell us what happened. how did this all go down? >> well, absolutely fox news and o'reilly factor you guys saved his layoff. i mean literally, remember that as you said in the top of the program the pa
and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. >> continuing now with top story this evening. today corporal john hammarar found out he is going to be spending christmas with his family rather of course alone in a mexican prison. hammar's family is from florida. several members of the florida congressional delegates including senators bill nelson and marco rubio helped lead the fight to free the marine. but perhaps the...
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Dec 22, 2012
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and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. >> continuing now with top story this evening. today corporal john hammarar found out he is going to be spending christmas with his family rather of course alone in a mexican prison. hammar's family is from florida. several members of the florida congressional delegates including senators bill nelson and marco rubio helped lead the fight to free the marine. but perhaps the most vocal of all of them was congresswoman ill anna ross layton who joins us now from miami with the inside story of how this all went down. congresswoman roth layton, it's so good to see you. >> thank you, laura. >> laura: beaten up in congress. approval rating is down. but now we see congress actually gets rules with the help of the factor of course and all of fox news. go ahead. tell us what happened. how did this all go down? >> well, absolutely fox news and o'reilly factor you guys saved his layoff. i mean literally, remember that as you said in the top of the program the pa
and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. >> continuing now with top story this evening. today corporal john hammarar found out he is going to be spending christmas with his family rather of course alone in a mexican prison. hammar's family is from florida. several members of the florida congressional delegates including senators bill nelson and marco rubio helped lead the fight to free the marine. but perhaps the...
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Dec 22, 2012
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and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> continuing now with top story this evening. today corporal john hammar found out he is going to be spending christmas with his family rather of course alone in a mexican prison. hammar's family is from florida. several members of the florida congressional deg senators billn and marco rubio helped lead the fight to free the marine. but perhaps the most vocal of all of them was congresswoman ill anna ross layton w
and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! can i still ship a gift in time r christmas? yeah,...
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Dec 22, 2012
12/12
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and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and
and later a civil war among republicans in congress as the fiscal cliff looms. so what happens next? moments away. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it...
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Dec 22, 2012
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cliff is in a sense artificial, if he has the power to raise taxes next year for six months and then get down to serious negotiations after the congress-- >> and should republicans be willing to raise rates? say we lost the election, now what, we're just going to, we have to do it. >> well, i think if the president had put something that was like $1 of tax increases for every $4 that he was cutting, then there could be an argument for doing that, but he's not there. >> paul: all right, mary, thank you. still ahead, four state department officials were removed from their post after a report about the u.s. consulate attack in benghazi. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, p
cliff is in a sense artificial, if he has the power to raise taxes next year for six months and then get down to serious negotiations after the congress-- >> and should republicans be willing to raise rates? say we lost the election, now what, we're just going to, we have to do it. >> well, i think if the president had put something that was like $1 of tax increases for every $4 that he was cutting, then there could be an argument for doing that, but he's not there. >> paul:...
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Dec 22, 2012
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gerri: next, many homeowners rushing to rush and to dump their property ahead of the fiscal cliff. dolly will join us after the break and dreaming of awhite christmas and then theres this. coming up, how mother nature is puttina damper on things you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relving the pain quickly. try fas long lasting gaviscon®. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy chee... 100 calories... [ chef ] ma'am male announcer ] progresso. you gotta taste this soup. 100 calories... [ chef ] ma'am progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progre
gerri: next, many homeowners rushing to rush and to dump their property ahead of the fiscal cliff. dolly will join us after the break and dreaming of awhite christmas and then theres this. coming up, how mother nature is puttina damper on things you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relving the pain quickly. try fas long lasting...
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Dec 22, 2012
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gerri: next, many homeowners rushing to rush and to dump their property ahead of the fiscal cliff. dolly will join us after the break and drming of a white christmas and then there is this. coming up, how mother nature is putting a damper on things gerri: many owners turned over their properties this year ahead of the fiscal cliff. some buyers have been able to dig deep discounts this year. my next guest says that it is fast tracked like never before. lly lintz joins me now. what is it about the fiscal cliff that is making people act so quickly? >> if you think about it, some sellers have purchase prices that they pay 20 by the years four. they are selling for six or eight or 12 million. think about that. gerri: holy cow. >> if the bush tax cuts are over and taxes go back from imagine the difference in the tax rate. it is humongous. gerri: we talk about people rushg to the year-end, what other kind of impact does that have? >> it's making everyone scramble on every part of everybody. the banks from everybody trying to get ahead of everyone else to get the closingschedules. getting
gerri: next, many homeowners rushing to rush and to dump their property ahead of the fiscal cliff. dolly will join us after the break and drming of a white christmas and then there is this. coming up, how mother nature is putting a damper on things gerri: many owners turned over their properties this year ahead of the fiscal cliff. some buyers have been able to dig deep discounts this year. my next guest says that it is fast tracked like never before. lly lintz joins me now. what is it about...
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Dec 22, 2012
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CNBC
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bet on mgm when the fiscal cliff looms next strike and this as well as all other stocks get hammered. craig in my home state of new jersey. craig? >> caller: how are you doing? >> what's going on, partner? >> caller: calling about expedia. how you feel about that? >> i feel really good about that. i follow this closely. expedia is a good partner of the inn that i own. i know how powerful they are. this consolidates them in europe. is it enough reason to buy expedia? i liked expedia beforehand. i like it even more now. shane in georgia. shane? >> caller: hey, jim. merry christmas. >> same to you. i like the falcons here. i like them. i got julio. j.j. is on my team. he's done fabulous. i know he watches. thank you. go ahead. julio is a close fan of "mad money." >> caller: with the fiscal cliff looming and with today's pullback and available funds to be invested, las vegas sands is a fine sales to income growth in china, asia and nevada and with p & e of 26.9 in a buy recommendation reiterated today, is now the time to be on the las vegas strain? >> i like mgm first. i like wynn second
bet on mgm when the fiscal cliff looms next strike and this as well as all other stocks get hammered. craig in my home state of new jersey. craig? >> caller: how are you doing? >> what's going on, partner? >> caller: calling about expedia. how you feel about that? >> i feel really good about that. i follow this closely. expedia is a good partner of the inn that i own. i know how powerful they are. this consolidates them in europe. is it enough reason to buy expedia? i...
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Dec 22, 2012
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no deal on the fiscal cliff on this final friday before christmas. negative reaction from investors as the president speaking moments ago tries to calm the fray. plus, president obama making it official. >> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> the president calling on the veteran massachusetts senator to fill secretary clinton's spot. plus in the wake of the new town shooting the national rifle association breaks its silence. >> out of respect for the families and until the facts are known, the nra has refrained from comment. >> harris: and the group's ceo placing some blame. >> we have flood soaked films out there. vicious, violent video games. >> and the nra offering a proposal, an armed officer in every single school in america. also, mexican police locked up this former u.s. marine months ago, accused him of trying to bring a gun into the country. >> a lesser person would have pleaded guilty. >> they chained him to a bed and reportedly threatened his life. but this marine stayed strong. and no
no deal on the fiscal cliff on this final friday before christmas. negative reaction from investors as the president speaking moments ago tries to calm the fray. plus, president obama making it official. >> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> the president calling on the veteran massachusetts senator to fill secretary clinton's spot. plus in the wake of the new town shooting the national rifle association breaks its silence....
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we appreciate temperature >> we talked a lot about the fiscal cliff. the government spends more than 11 billion every day . you will be shock to see what they spend most of that on. it is a new series called the cost of spending next this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white ristmas [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflamma
we appreciate temperature >> we talked a lot about the fiscal cliff. the government spends more than 11 billion every day . you will be shock to see what they spend most of that on. it is a new series called the cost of spending next this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white ristmas [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the...
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Dec 22, 2012
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gerri: next, many homeowners rushing to rush and to dump their property ahead of the fiscal cliff. dolly will join us after the break and dreaming of a ite christmas and then there is this. coming up, how mother nature is putting a damper on things ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. can i still ship a gift in time r christmas? yeah, sure you can. great. where'sour gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. gerri: many o
gerri: next, many homeowners rushing to rush and to dump their property ahead of the fiscal cliff. dolly will join us after the break and dreaming of a ite christmas and then there is this. coming up, how mother nature is putting a damper on things ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't,...
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Dec 22, 2012
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cliff. check your local listings for the time and channel in your area. >> heather: president obama nominating john kerry to be the next secretary of state. he currently chairs the foreign relations committee. he called on congress to move quickly on the confirmation. peter doocy has the story from washington. >> reporter: a week after susan rice told president obama not to nominate her for secretary of state because she thought the nomination process would be lengthy and costly, the president picks john kerry to make america's top diplomat as the country is leaving two wars but facing issues in syria, iranian and north korea. >> john's entire life has prepared him for his role as the son of a foreign service officer. he has a deep respect for the men and women of the state department. the role they play in advancing our interests and values, the risks that they undertake and the sacrifices they make along with their families. >> john mccain congratulated kerry on his nomination and the repu
cliff. check your local listings for the time and channel in your area. >> heather: president obama nominating john kerry to be the next secretary of state. he currently chairs the foreign relations committee. he called on congress to move quickly on the confirmation. peter doocy has the story from washington. >> reporter: a week after susan rice told president obama not to nominate her for secretary of state because she thought the nomination process would be lengthy and costly,...
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. >> first, efforts to stop the fiscal cliff. lawmakers flee the capital for their christmas break, that is next. comment.tense moments today at a south bay elementary school. as concerns over school safery remain high. the search for a gunman that triggered a lockdown -- ahead.and at 5-30.if you think the winter storm just wait until you see what's hiiting the midwest. but first tonight -- efforts to stop american from going off the fiscal cliff in dissarray. as lawmakers flee the break that's next. just before departing for his annual holiday vacation in hawaii, president obama leaders to take action on crisis. karin caifa reports from washington, where members of congress have also left town. >> good afternoon, everybody. >>reporter: after speaking with party leaders friday afternoon, president obama called on congress to quickly come up with a solution to avert some end- of-year tax hikes associated with the fiscal cliff. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike
. >> first, efforts to stop the fiscal cliff. lawmakers flee the capital for their christmas break, that is next. comment.tense moments today at a south bay elementary school. as concerns over school safery remain high. the search for a gunman that triggered a lockdown -- ahead.and at 5-30.if you think the winter storm just wait until you see what's hiiting the midwest. but first tonight -- efforts to stop american from going off the fiscal cliff in dissarray. as lawmakers flee the break...
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due to the fiscal cliff. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >> pam: this comes after house speaker john boehner failed to gain enough of his party's support. to his "plan b". his proposal would have raised taxes only on those americans making more than one million dollars a year. without a deal, steep tax hikes and massive government spending cuts are set to trigger after january first. as the fiscal cliff countdown continues. house and senate members have already recessed for the holidays. >> president obama will nominate senator john kerry as the next secretary of state. he made the announcement at the white house today. current secretary of state hillary clinton is stepping down in january.u-n ambassador susan rice was reportedly on the short list, but took herself off it, citing a "lengthy, disruptive, and costly" confirmation process after republicans took issue
due to the fiscal cliff. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >> pam: this comes after house speaker john boehner failed to gain enough of his party's support. to his "plan b". his proposal would have raised taxes only on those americans making more...
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Dec 22, 2012
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. >> next, a look at negotiations rubble around the so-called fiscal cliff on friday here in washington. first, speaker boehner's morning news conference, followed by house minority leader's nancy pelosi i. then president obama friday afternoon from the white house. issue is not whether health care will be stigmatized or condemned. we know the answer to that. the issue is how many different times can the government to punish him as a result of that moral condemnation. the answer in the double jeopardy clause is one. >> starting monday and a threat christmas week, c-span.org radio is featuring supreme court arguments by current justices before they were on the bench. you can listen to c-span.org radio in the washington baltimore area at 90.1 fm. or online at c-span.org. >> if you worked for him, you would get a material, sometimes generous, sometimes over barry -- overbearing, almost cruel boss. he did not know how to apologize. men of his age and class, they are not going to apologize to their secretaries or typist. he had a way of turning the tables in his version of an apology, which
. >> next, a look at negotiations rubble around the so-called fiscal cliff on friday here in washington. first, speaker boehner's morning news conference, followed by house minority leader's nancy pelosi i. then president obama friday afternoon from the white house. issue is not whether health care will be stigmatized or condemned. we know the answer to that. the issue is how many different times can the government to punish him as a result of that moral condemnation. the answer in the...
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they are talking about, can we get past where we are in the fiscal cliff. host: we are talking with steph en dinan, the political politics as a at the washington times. but our next call comes from cal in tennessee on our republican line. caller: the tax increases are not enough. when you look at 1 $3 trillion over 10 years -- this president over the last -- when you look at $1.30 trillion olver 10 years -- over 10 years, we have spent $4.60 trillion or $4.70 trillion every year. what we need is more cuts in programs so we actually have more. we need $4.60 trillion in cuts to programs. if we are going to be back on the fiscal plan we honestly need. this president was elected by people who were already democrats in 2008 and 2012. he did not have a hard time getting reelected. we made a mistake about electing this guy for sure. guest: the caller has a lot of good numbers. these are rough, but about $2.30 trillion in revenue. last, we only had $1 trillion in deficits. his point is correct. the problem is you have the government taking in 60% of gross domestic
they are talking about, can we get past where we are in the fiscal cliff. host: we are talking with steph en dinan, the political politics as a at the washington times. but our next call comes from cal in tennessee on our republican line. caller: the tax increases are not enough. when you look at 1 $3 trillion over 10 years -- this president over the last -- when you look at $1.30 trillion olver 10 years -- over 10 years, we have spent $4.60 trillion or $4.70 trillion every year. what we need...
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. >> reporter: one day after the collapse of efforts to avoid the fiscal cliff, all sides were speaker boehner tried to shift that burden, saying democrats unemployment insurance to be extended. >> we can't cut our way to prosperity we need real economic growth. and many of us believe on both sides of the aisle that fundamental reform of our tax code will help us get our economy moving faster and put more americans back to work and more americans on the tax rolls. how we get there, god only knows. >> porter: oters who expected congress to watch over the >> so i think the tax issue and the job issue needs to be looked >> reporter: voters who expected congress to watch over the economy after the election are watching the fiscal cliff with growing alarm. >> it's going to mean a lot of problems, the job situation will actually get worse because then companies can't borrow money and if you can't borrow money, then you're gonna have problems with hiring employees and stuff like that. >> reporter: the holidays are usually times that bring filies together and many would like to see that happen
. >> reporter: one day after the collapse of efforts to avoid the fiscal cliff, all sides were speaker boehner tried to shift that burden, saying democrats unemployment insurance to be extended. >> we can't cut our way to prosperity we need real economic growth. and many of us believe on both sides of the aisle that fundamental reform of our tax code will help us get our economy moving faster and put more americans back to work and more americans on the tax rolls. how we get there,...
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cliff. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployment insurance for two million americans, and lays the groundwork for further work on both growth and deficit reduction. >> reporter: remarks came after house speaker john boehner failed to muster enough of his party support to bring his plan b to the floor. his proposal would have effectively raised taxes only on those americans making more than $1 million a year. >> we had a number of our members who just really didn't want to be perceived as having raised taxes. >> reporter: the two sides each left the capitol for the christmas holidays blaming each other for inaction. democrats said thursday's failure in the house pointed to a need for more compromise by the gop. >> house republicans have gotten the message loud and clear. a comprehensive solution to the looming fiscal cliff will need to be a bipartisan solution. >> reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he's
cliff. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployment insurance for two million americans, and lays the groundwork for further work on both growth and deficit reduction. >> reporter: remarks came after house speaker john boehner failed to muster enough of his party support to bring his plan b to the floor. his proposal would have effectively raised taxes only on those...
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we will still continue to look at the fiscal cliff issue and we will lecher know what is born on with that. they are set to be back tthey will get bo work after the christmas break. >> have a forecast coming up in a few minutes. >> new for you this morning. pope benedict today granted a christmas party until his former butler. in october, the ex butler was sentenced set 18 months in prison. he least hundreds of the postpaid first to an italian journalist. he says that he did it to expose corruption in the vatican. the documents later ended up in a book by the journalists. the pope visited him in prison to grant a pardon. in person gabrielle was immediately released. >> egyptians head to the polls today for a second round of voting on an islamic backed constitution. only 32 percent of murders turn out last saturday for the first round of voting. but a majority of those voted yes. today's vote comes a day after fighting in alexandria between supporters and circular opponents of the constitution. the document would expand president mohammed moore's east powers, giving him immunity from t
we will still continue to look at the fiscal cliff issue and we will lecher know what is born on with that. they are set to be back tthey will get bo work after the christmas break. >> have a forecast coming up in a few minutes. >> new for you this morning. pope benedict today granted a christmas party until his former butler. in october, the ex butler was sentenced set 18 months in prison. he least hundreds of the postpaid first to an italian journalist. he says that he did it to...
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Dec 22, 2012
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. >> and the president leaves for hawaii as republicans plot their next move at the edge of the fiscal cliff. stay with us. abc 7 news at 6:00 continues in just a moment. >>> a bay area protestor hustled out of a news conference where the nra breaks it's silence by suggesting there should be more guns on campus, not fewer. >> nra says there should be an armed police officer at every school. >> abc 7 news mark matthews is here, got quite a reaction today it did. and a few expected the nra to come out in favor of gun control but executive vice president never brought it up. national rifle association sent a sharp mess yachblgt no retreat. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> nra meter said what is needed is an armed police officer in every single school. and he accused washington of rank hypocrisy for protecting the president but failing to do the same for school children. >> we as a society leave them every day utterly defenseless. >> nravp unloaded on the news media and condemned producers of violent video games and the police chief points out
. >> and the president leaves for hawaii as republicans plot their next move at the edge of the fiscal cliff. stay with us. abc 7 news at 6:00 continues in just a moment. >>> a bay area protestor hustled out of a news conference where the nra breaks it's silence by suggesting there should be more guns on campus, not fewer. >> nra says there should be an armed police officer at every school. >> abc 7 news mark matthews is here, got quite a reaction today it did. and a...
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. >> trying to avoid the fiscal cliff. one you might see a benefit in the your paychecks next year. >> the president is cutting the number of parties for the inauguration. we'll ted you what is different. >> we'll tell you >> you're watching abc 7 news at 6:00. >> despite a major defeat over plan b speaker john boehner is encouraging republicans to work with democrats to avoid the fiscal cliff. this comes a day after president obama said he will pursue a less am by shougs budget deal with republicans. there is good news no matter what congress does to address the problem, it is too late for employers to with hold income taxes from paychecks next month. employers are going to with hold the tax for the 2012 rates. >> president obama is restricting the number of inaugural balls to the lowest number in 60 years. there will be only two official parties right now. there was 10 held the last time around. there will be a concert honoring military families held on saturday before the inauguration. >> before the ina ration christmas
. >> trying to avoid the fiscal cliff. one you might see a benefit in the your paychecks next year. >> the president is cutting the number of parties for the inauguration. we'll ted you what is different. >> we'll tell you >> you're watching abc 7 news at 6:00. >> despite a major defeat over plan b speaker john boehner is encouraging republicans to work with democrats to avoid the fiscal cliff. this comes a day after president obama said he will pursue a less am by...
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Dec 22, 2012
12/12
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fiscal cliff, dangerous game of chicken. we are going to discuss as we go to a break on a live picture of honolulu. that's where the first family sing spend something time. don't you wish you were, too? nice. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription
fiscal cliff, dangerous game of chicken. we are going to discuss as we go to a break on a live picture of honolulu. that's where the first family sing spend something time. don't you wish you were, too? nice. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working...
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Dec 22, 2012
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as we quickly approach the fiscal cliff, president obama makes a new proposal to congress. one week after the deadly school shooting in newtown, connecticut, communities across the nation and around the world pay tribute to the victims. and the national rifle association speaks out for the first time since the attack. it proposes a controrsial plan to prevent similar mass shootings. let's go out front. >>> good evening, everybody. i am soledad o'brien in for erin burnett tonight. out front this evening, lowering expectations, just ten days until we fall off the fiscal cliff and no deal in site. tonight president obama urged congress to broker a scaled down deal. >> i just speak to speaker boehner, and i also met with senator reid. in the next few days a asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> yesterday the house speake
as we quickly approach the fiscal cliff, president obama makes a new proposal to congress. one week after the deadly school shooting in newtown, connecticut, communities across the nation and around the world pay tribute to the victims. and the national rifle association speaks out for the first time since the attack. it proposes a controrsial plan to prevent similar mass shootings. let's go out front. >>> good evening, everybody. i am soledad o'brien in for erin burnett tonight. out...
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Dec 22, 2012
12/12
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>> as with the fiscal cliff it doesn't appear readily discernable, lou. president obama released a video message vowing to fight for new gun control laws early next year. the down tours of this debate are already taking shape as leading democrats are pressing for renewed assault weapons ban and for new limit on semitick ammunition magazines. a leading senate democrat says she favored schools being allowed to have armed guards if they so choose but she then cited the columbine massacre. >> in fact ere were two armed law enforcement officers who twice engaged the shooters at column bind. that didn't prevent 15 from being killed and 23 wounded. >> however opponents of the assault weapons ban say that law was also in effect when columbine occurred and failed to prevent it. lou? lou: james, thank you. it is ex-orlando nary proposal comes from the nation rifle association, a straightforward, simple and likely highly effective proposal. certainly to, going to be part of that debate. james rosen, as always, thank you very much. >> thank you, lou. lou: president o
>> as with the fiscal cliff it doesn't appear readily discernable, lou. president obama released a video message vowing to fight for new gun control laws early next year. the down tours of this debate are already taking shape as leading democrats are pressing for renewed assault weapons ban and for new limit on semitick ammunition magazines. a leading senate democrat says she favored schools being allowed to have armed guards if they so choose but she then cited the columbine massacre....
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Dec 22, 2012
12/12
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and leave a "fiscal cliff" compromise on -- leave for the holidays and leave a "fiscal cliff" compromise on hold. what's left to find common ground with only days to make a deal. >> a milestone for california's jobless. the new number and where unemployment is still double the national average. >> an annual pampering for the mom. ,,,,,,,, president and congress are headed home for vacation. t president did offer a finala for a resolution... cbs repr >>> 10 days until the country falls off the "fiscal cliff." washington is going home for christmas. tara mergener on the president's parting thoughts. >> reporter: president obama called on house speaker john boehner to come back to the negotiating table to avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> reporter: the house did not even vote on speaker john boehner's proposed plan b because it didn't win enough republican support. >> good morning, everyone. >> reporter: the speaker says the ball is in the president's court. >> unless the president and congress take action, tax rat
and leave a "fiscal cliff" compromise on -- leave for the holidays and leave a "fiscal cliff" compromise on hold. what's left to find common ground with only days to make a deal. >> a milestone for california's jobless. the new number and where unemployment is still double the national average. >> an annual pampering for the mom. ,,,,,,,, president and congress are headed home for vacation. t president did offer a finala for a resolution... cbs repr >>>...
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Dec 22, 2012
12/12
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KRON
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to avoid the fiscal cliff. that is the end- of- the year trigger on tax hikes. and spending cuts. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >>pam: house speaker john boehner failed to gain enough of his party's support for his "plan b". that proposal would have raised taxes only on those americans making more than one million dollars a year. without a deal, steep tax hikes and massive government spending cuts are set to kick in after january first. as the fiscal cliff countdown continues. house and senate members and president obama. have all recessed for the christmas holiday. >> the ninth circut court of appeals today blocked a california law which bans the controversial therapy. that aims to turn gay minors. straight. the three judge panel issued an emergency order, to put the law on hold until the court can hear further arguments. the law. whi
to avoid the fiscal cliff. that is the end- of- the year trigger on tax hikes. and spending cuts. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >>pam: house speaker john boehner failed to gain enough of his party's support for his "plan b". that proposal would...
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Dec 22, 2012
12/12
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situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to do something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialog with this president to actually fix the problem. i hope that we see that our colleagues on the other side of the capitol can do likewise to get serious to address the real problem of spending so that we can get on about the business of growing economy and getting people back to work. >> a lot of the arguments that you made in favor last night of multitrillion dollar tax cuts that rescue millions of taxpayers from a tax increase, are you willing to [inaudible] the president and i had a series of conversations. i told president these were my bottom lines. the president told me his numbers, $1.30 trillion in new revenues, $850 billion in spending cuts, was his bottom line. he could not go any further. so we see a situation where, because of the political divide in the country, because o
situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to do something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialog with this president to actually fix the problem. i hope that we see that our colleagues on the other side of the capitol can do likewise to get serious to address the real problem of spending so that we can get on about the business of growing economy and getting...
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Dec 22, 2012
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they're very concerned about fiscal cliff, however, very concerned about money being taken out of, the core of the middle class of our economy. it truly fuels their businesses and they're looking for the congressman and president to step up and make sure, you know, we keep the middle-class programs that support keeping money in the economy. >> you talk about fiscal cliff. through so much of the election season we talk about uncertainty and people do not plan in the face of uncertainty. after that, once this is resolved in one way or another. what do you think small business owners will do, the ones that you speak with? >> i think coming in 2013, the big issues will be tax reform. even though we're addressing the fiscal cliff, there's a larger budget looming and tax reform will be a big component of that. what's it going to look like and i also think health reform. the health reform law is here to stay. 2013 is that drop dead date of when everything is supposed to be implemented so next year is going to be a critical year where we see everything plays out and what it means in terms of c
they're very concerned about fiscal cliff, however, very concerned about money being taken out of, the core of the middle class of our economy. it truly fuels their businesses and they're looking for the congressman and president to step up and make sure, you know, we keep the middle-class programs that support keeping money in the economy. >> you talk about fiscal cliff. through so much of the election season we talk about uncertainty and people do not plan in the face of uncertainty....
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Dec 22, 2012
12/12
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why is chained cpi so vital to the fiscal cliff negotiation? it isn't a spending cut or a tax hike, but it would foifly cut spending and raise taxes on some, saving the government an estimated $300 billion over the next decade. but the problem is that what that means is that senior, the longer they live, the less money they would actually take home. they would see a cut to their benefits. >> this was a concession from the democrats or was it just an accounting fix? >> it is both of those things. some democrats i spoke to said, look, maybe i would consider this, but only if we could have some sort of amerimechanism tha senior past age 85 would be facing a 6% or 8% cut in benefits, maybe there would be an adjustment to make sure especially for people who are very poor that there'd be some sort of safety net. you know, paul krugerman has said this is a horrible idea, terrible, stupid idea, and this is not something the white house should consider. >> let's bring back the rest of the panel. mohamed el-erian, ceo of pimco. mark zandi with moody's. m
why is chained cpi so vital to the fiscal cliff negotiation? it isn't a spending cut or a tax hike, but it would foifly cut spending and raise taxes on some, saving the government an estimated $300 billion over the next decade. but the problem is that what that means is that senior, the longer they live, the less money they would actually take home. they would see a cut to their benefits. >> this was a concession from the democrats or was it just an accounting fix? >> it is both of...
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Dec 22, 2012
12/12
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year, with trips we may or may not go on. >> but the budget control act leading to the fiscal cliff is about more than just tax hikes. automatic public spending cuts would also take effect, primarily in the defense budget, which could have huge repercussions for the massive u.s. defense industry. and there's more -- investment in the country's aging infrastructure would also have to be cut back. some experts say it would mean the u.s. gross domestic product would shrink by at around 3.5%. the resulting recession could have severe consequences for the entire global economy. >> the american economy gets a cold, the rest of the world this sneezing pretty quickly, too, so it is going to have ramifications. how quickly those will happen depends on exactly which parts of the economy start to give way first. >> jennifer thomas hopes it will not come to that, but time is running out for politicians in washington to reach a deal. >> germany is gearing up for federal elections to take place next autumn, even though campaigning is not yet in full swing. the leading candidates are already fully
year, with trips we may or may not go on. >> but the budget control act leading to the fiscal cliff is about more than just tax hikes. automatic public spending cuts would also take effect, primarily in the defense budget, which could have huge repercussions for the massive u.s. defense industry. and there's more -- investment in the country's aging infrastructure would also have to be cut back. some experts say it would mean the u.s. gross domestic product would shrink by at around 3.5%....
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Dec 22, 2012
12/12
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cliff. david corn is the editor of mother cliff. gentlemen, president obama tonight said he had spoken with speaker boehner in addition to meeting with senate majority leader harry reid. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployed american for 2 million americans and lays the groundwork for deficit reduction. that's an achievable goal. that can get done in ten days. once this legislation's agreed to, i expect democrats and republicans to get back to washington and have it pass both chambers. >> jared bernstein, is this actually a setback for the president insofar as the embarrassed speaker was someone at least with whom he was dealing and now the president really doesn't have a negotiation partner? >> i don't think so. i do think in a way it's a setback for the nation because the president and speaker boehner were actu
cliff. david corn is the editor of mother cliff. gentlemen, president obama tonight said he had spoken with speaker boehner in addition to meeting with senate majority leader harry reid. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployed american for 2 million americans and lays the groundwork for deficit reduction. that's...
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Dec 22, 2012
12/12
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cliff. the first family arriving in hawaii for the christmas holiday there, you see president getting off the plane, but before he left, president obama urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> congress is also in recess until after christmas. in his weekly address, house speaker john boehner accused the president and senate democrats of failing to offer a responsible solution. boehner's own proposal had to be pulled this week after he failed to get enough support from fellow republicans. >>> and the national rifle association promised meaningful contributions to avoid another tragedy like the one in newtown, connecticut. friday, the gun rights group unve
cliff. the first family arriving in hawaii for the christmas holiday there, you see president getting off the plane, but before he left, president obama urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an...
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Dec 22, 2012
12/12
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benefits will end december 29th if congress does not contact on the fiscal cliff. and according to the national employment law project, another one million jobless americans will also exhaust their state benefits early next year. karen duckett is just one of the folks who will be affected. she survived breast cancer, yet doesn't know how she and her grandson will make ends meet once their benefits run out. the checks keep a roof over our head. i can't even imagine what we're going to do without that check. the cbo, the congressional budget office, says extending benefits another year will cost $30 billion, a small price tag when you consider other costs like extending tax cuts for millionaires. i'm joined tonight by john nichols, washington correspondent of "the nation" magazine. john, great to have you with us. you know, we focus on the deal, you know, who is going to get the tax break, where is the spending cuts, where are they going to come from. but in the backdrop of all of this, millions of americans have no security this christmas. they don't know whether th
benefits will end december 29th if congress does not contact on the fiscal cliff. and according to the national employment law project, another one million jobless americans will also exhaust their state benefits early next year. karen duckett is just one of the folks who will be affected. she survived breast cancer, yet doesn't know how she and her grandson will make ends meet once their benefits run out. the checks keep a roof over our head. i can't even imagine what we're going to do without...
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Dec 22, 2012
12/12
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and aside from the fiscal cliff, the battle in washington could hit you, the price of milk, higher. we'll explain.
and aside from the fiscal cliff, the battle in washington could hit you, the price of milk, higher. we'll explain.
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Dec 22, 2012
12/12
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cliff. president obama is calling on congress to do just enough to change that. it's a change from his previous push for sweeping reforms. >> the american people re- elected president obama on election day. they also re-elected a republican majority here in the house. in doing so, they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate for us to work together to begin solving the massive debt that threatens our country's future. unfortunately, the president and senate democrats vowed to reject and vetoed all of our proposals while failing to offer responsible solutions of their own. >> the chance for any deal may now be up to the democratally controlled senate since the speaker's plan to allow taxes to be raised for millionaires have gone down. >>> the first lady and president will attend the funeral for senator daniel inouye. >>> massachusetts voters faced another race since john kerry is now the official nominee for secretary of st
cliff. president obama is calling on congress to do just enough to change that. it's a change from his previous push for sweeping reforms. >> the american people re- elected president obama on election day. they also re-elected a republican majority here in the house. in doing so, they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate for us to work together to begin solving the massive debt that threatens our country's future....
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Dec 22, 2012
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cliff all together. republicans should support passing a bill that extends tax cuts for families up to $250,000 and delays the so-called sequester while we negotiate additional policies next year. but the bottom line is moving forward will require cooperation from speaker boehner and senator mechanic connell. we hope they'll return from christmas ready to coop rate. >> well, you know, senator reid can try to fill that vacuum. but he controls one-half of one of the two bodies in congress. it still boils down to this dynamic that hasn't changed now for a year and a half. the democrats, and you've got to include reid and the president, are negotiating with a side led by john boehner who, despite whatever he may want to do himself, can't bring together his own team. he's being held hostage by his own kau cuss. now, i wrote this in the book i had about the last time we went through this a year and a half ago, that mitch mcconnell is one of the craftiest negotiators on capitol hill. last year, when we had this
cliff all together. republicans should support passing a bill that extends tax cuts for families up to $250,000 and delays the so-called sequester while we negotiate additional policies next year. but the bottom line is moving forward will require cooperation from speaker boehner and senator mechanic connell. we hope they'll return from christmas ready to coop rate. >> well, you know, senator reid can try to fill that vacuum. but he controls one-half of one of the two bodies in congress....